Banque Libano-Française S.A.L.
Banque Libano-Française S.A.L. (BLF) is a prominent financial institution headquartered in Lebanon, with a strong presence across the Middle East and North Africa. Established in 1930, BLF has evolved into a key player in the banking sector, offering a diverse range of services including retail banking, corporate finance, and investment solutions. The bank is renowned for its innovative products, such as tailored financing options and digital banking services, which cater to both individual and business clients. With a commitment to customer satisfaction and financial stability, BLF has achieved significant milestones, positioning itself as a trusted partner in the region. Its dedication to excellence has earned it a reputable standing in the competitive banking landscape, making it a preferred choice for many.
DitchCarbon Score
How does Banque Libano-Française S.A.L.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Banque Libano-Française S.A.L.'s score of 14 is lower than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banque Libano-Française S.A.L.'s reported carbon emissions
In 2021, Banque Libano-Française S.A.L. reported total carbon emissions of approximately 5,414,620 kg CO2e for Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 5,414,620 kg CO2e, while Scope 2 emissions from purchased electricity were approximately 2,836,310 kg CO2e, and Scope 3 emissions totalled around 10,380 kg CO2e. The bank's emissions data from previous years shows a trend in emissions, with Scope 2 emissions peaking at about 5,616,900 kg CO2e in 2017 and gradually decreasing to approximately 5,297,830 kg CO2e in 2020. Scope 1 emissions also saw fluctuations, with a notable increase to about 5,414,620 kg CO2e in 2021 from approximately 3,637,650 kg CO2e in 2020. Despite these figures, Banque Libano-Française S.A.L. has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the banking sector, particularly in light of global climate goals. The bank's emissions profile indicates a significant reliance on purchased electricity, highlighting an opportunity for improvement through renewable energy sourcing and energy efficiency measures.
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Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,329,790 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,878,610 | 0,000,000 | 00,000 | 00,000 | 0,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Banque Libano-Française S.A.L. is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
